The EURUSD pair moves within bullish channel that its signs appear on the chart, and the price leaned on this channel’s support line to start the attempt to rise now, accompanied by witnessing positive signals through stochastic, waiting to motivate the price to resume the bullish trend, which its main targets begin at 1.0278.

Therefore, the bullish trend scenario will remain valid and active unless breaking 1.0100 and holding below it.

The expected trading range for today is between 1.0120 support and 1.0278 resistance.

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The expected trend for today: Bullish

Crude oil price achieves clear gains now to test 90.00$ barrier now, and as long as the price is below 91.15, our bearish overview will remain valid, supported by stochastic loss to the positive momentum, reminding you that our targets begin at 87.40 and extend to 85.90.

Gold price trades with clear negativity to break 1779.25 level and settles below it, waiting for resuming the positive trading after leaning on the bullish channel’s support to head towrdas our next positive target at 1802.80, being aware that holding above 1755.70 is important for the continuation of the expected rise. 

The EURUSD pair faces extra negative pressure to break 1.0200 level, and heads towards testing the most important support at 1.0100, which requires being aware from the upcoming trading, where the price needs to settle above this level to keep the positive scenario active, supported by gaining positive momentum by stochastic clearly, pointing that our initial target at 1.0278.